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Originally posted here: Philly Fed Region "Weak but Stable"; Kansas City Region "Declines More Sharply"
Please consider Robot Master Chef Cooks 2,000 Recipes, Cleans Up, Does the Dishes . A California company, Morley Robotics, has teamed with the UK’s Shadow Robot Company, to develop a smartphone-controlled robot master chef capable of cooking world-class fare just as Chef Watson. The robot was unveiled at a recent event at Hanover Messe Robotic Technology Fair in Germany
More: Another Perspective on Today’s Strong Housing Numbers
Home Builders Optimistic Despite Decline in Traffic; Housing Market Index Declines The National Association of Home Builders’ Housing Market Index once again reveals positive builder sentiment even though new home sales are weak. The HMI is Derived from a monthly survey that NAHB has been conducting for 30 years
In one of the few economic bright spots recently, housing starts surged beating Bloomberg Consensus Estimates . Highlights There were hardly any indications before today, but the spring housing surge is here
Read more here: Obama’s Push to Expand Credit to "Credit Invisibles"
The pace of technological advancement accelerates every year. Here are two car prototypes that highlight the advancement. C-1 Electric Two-Wheeled Car Please consider the C1, a Self-Balancing, Two-Wheeled Car invented by Daniel Kim, founder of Lit Motors
Continue reading here: Consumer Confidence Plunges Below Any Economist’s Estimate; Consumers Shock Economists
Read More: Draghi Warns ECB Economic Policies May Lead to Financial Instability and Worsen Income Inequality; Stupidity Index at New…
Original post: Steel Consumption in China Declines First Time in Three Decades; Painful Rebalancing